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Topic: Those seeking to get rich, versus "The other 6 Billion" ... (Read 953 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
It could be said that speculation and investors drive adoption and increased awareness and attention.  They may be in it for a quick buck, but by developing the tools and infrastructure, they open up the gates for the other 6 billion to fully take advantage of the disruptive technology.  One can look at the role that information technology run by private companies played in coordinating the Arab Spring even if they were not directly involved.

The same could be said for any other world-changing technology.  Railroads, power grids, phone and data networks, and other technologies have helped people all over the world improve their lives.

For example, the One Laptop Per Child project gave children in the third world access to the world's information in areas where access to a proper education could be severely limited, but you needed investors to get computing and information technology to the point where a project like that is even possible.

So ideally, you would have people pushing the technology forward, and the technology will keep growing and become the disruptive force that it needs to be. Of course, the "quick buck" investors might need to keep being reminded that what they are working on has the potential to benefit a large part of the world's population in really profound ways.

I think, in a way, that's what Andreas Antonopoulos is doing. Especially in his "Bitcoin Neutrality" presentations, he makes it clear that it does not matter what you want Bitcoin to be. This seems aimed at the profit mongers. My favorite thing he said was something like, if someone tells you Bitcoin needs to be fixed with some change to it tell them fuck off Bitcoin works just fine.
member
Activity: 112
Merit: 10
Cryptocurrency is my new obsession
It could be said that speculation and investors drive adoption and increased awareness and attention.  They may be in it for a quick buck, but by developing the tools and infrastructure, they open up the gates for the other 6 billion to fully take advantage of the disruptive technology.  One can look at the role that information technology run by private companies played in coordinating the Arab Spring even if they were not directly involved.

The same could be said for any other world-changing technology.  Railroads, power grids, phone and data networks, and other technologies have helped people all over the world improve their lives.

For example, the One Laptop Per Child project gave children in the third world access to the world's information in areas where access to a proper education could be severely limited, but you needed investors to get computing and information technology to the point where a project like that is even possible.

So ideally, you would have people pushing the technology forward, and the technology will keep growing and become the disruptive force that it needs to be. Of course, the "quick buck" investors might need to keep being reminded that what they are working on has the potential to benefit a large part of the world's population in really profound ways.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Hi all -

The tense encounter Andreas Antonopoulos had on the panel at the Vegas Bitcoin Conference last month, was one for the books. 

He sat on a panel with several entrepreneurs wracking their brains over how to get rich off Bitcoin, and the best ways to adhere Regulators in the process.  After attending conferences around the world, Andreas viewpoint on Bitcoin differs greatly from those in Silicon Valley.  His mantra has always been that Bitcoin is for "the other 6 Billion".  Here he comments after the Vegas experience, with a clip I think everyone on this board needs to listen to.  It's a powerful assessment of Bitcoin as of January 2014.

Click forward to:  34:00
http://letstalkbitcoin.com/e72-powerful-perspectives/#.Usw7BrRVUpA

-BittBurger-

It doesn't surprise me that Andreas Antonopoulos gains no real traction here. He's all about Bitcoins best destiny which is difficult to grasp for people that just want a quick profit. The biggest problem with Bitcoin today is the profiteers that help Bitcoin advance only as far as it helps their wallet and this includes a lot of very key players in TBF. Just like scammers come here for quick profit, entrepreneurs are here to be a part of that great new digital discovery that will make them the next Mark Zuckerberg or Jack Dorsey. Sadly, those types could really care less about Bitcoin. They are all about the money and preach a good sermon but eventually they will become transparent as their ideas fail and they fall by the wayside.
hero member
Activity: 924
Merit: 1001
Hi all -

The tense encounter Andreas Antonopoulos had on the panel at the Vegas Bitcoin Conference last month, was one for the books. 

He sat on a panel with several entrepreneurs wracking their brains over how to get rich off Bitcoin, and the best ways to adhere Regulators in the process.  After attending conferences around the world, Andreas viewpoint on Bitcoin differs greatly from those in Silicon Valley.  His mantra has always been that Bitcoin is for "the other 6 Billion".  Here he comments after the Vegas experience, with a clip I think everyone on this board needs to listen to.  It's a powerful assessment of Bitcoin as of January 2014.

Click forward to:  34:00
http://letstalkbitcoin.com/e72-powerful-perspectives/#.Usw7BrRVUpA

-BittBurger-

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